Gamesa Creates Executive Committee within Board of Directors (Spain)

Gamesa’s Board of Directors agreed at a meeting today, following a previous report from the Appointment and Remuneration Committee, to create an Executive Committee to which it will delegate all Board of Directors faculties, with the exception of faculties that are non-delegable by law or the company’s by-laws.

The Executive Committee will provide support to the Board of Directors’ duties and decision-making activities within the context of the company’s increasing international expansion.

The Executive Committee will consist of the following five board members: Jorge Calvet, Gamesa chairman and CEO; Juan Luis Arregui, deputy chairman; Sonsoles Rubio; Iberdrola, represented by Agustín Delgado, and Luis Lada.

The new committee has named Jorge Calvet as chairman and Carlos Rodríguez-Quiroga as secretary, the same positions they currently hold on the company’s Board of Directors.

 About Gamesa

More than 15 years’ experience and over 23,000 MW installed in some 30 countries on five continents, strengthen Gamesa as a global technology leader in the wind turbine business. Its comprehensive response includes the design, construction and installation of wind turbines, as well as the operation & maintenance services’ management on 15,000 MW.

Gamesa has some thirty factories in Europe, the US, China, India and Brazil and a global headcount of 8,000.

The company is also a global benchmark in the development, construction and sale of wind farms. Gamesa has already installed near 4,300 MW and currently boasts a pipeline of 24,500 MW at varying stages of development in Europe, the Americas and Asia.

[mappress]

Offshore WIND staff, January 11, 2012; Image: gamesacorp